Boca Ballet Theatre Company

Analysis

Boca Ballet Theatre Company is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Boca Ballet Theatre Company reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.4m (+15%), an average of +3.6% a year. The sharpest change came in the year to September 2023, when income rose by 46%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boca Ballet Theatre Company sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Rehoboth Art League Inc ($1.4m), Hidden Valley Music Seminars ($1.4m) and National Liberty Museum ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 39% and program service revenue 59% of the total. Other salaries and wages came to $330k. At year end it held assets of $1.6m against liabilities of $1.4m, net assets of $189k. It reported 15 employees.